Yes, Growing Pains There must be different metrics to growing pains. The metric I use at this point with Pyro is growing opportunities, new patents, systematically moving towards commercialization in its many verticals. On all these fronts Pyro is growing.
I agree that Pyro's cash and cash flow position is poor. At the same time, and due to its strategic growth, its prospects are really good.
Also, and as I've stated previously, I think a merger or acquisition would be based on a super premium share price. One that is significantly higher than today's price
Also note, Pyro's balance sheet doesn't account for all of the patents it has registered. Only assets that have been purchased from a 3P are included.